Finance
Australia Boosts Minimum Wage 4.75% Amid Economic Uncertainty
Australia's industrial umpire has raised the national minimum wage by 4.75%, citing economic uncertainty and falling short of closing the real wage...
#Inflation 160 articles
Economy
South Korea’s Inflation Quickens, Solidifying BOK’s Hawkish Policy
May consumer inflation in South Korea hit 3.1%, its highest in over two years, strengthening the Bank of Korea's hawkish stance. Rising...
Finance
Bond Market’s Inflation Warning Adds to Trump’s Midterm Challenges
The bond market is signaling a new inflation warning for President Trump's government, driving up interest rates and creating fresh economic and...
Stocks
Australians Demand Over A$1 Million for Retirement Comfort
A new survey by Colonial First State reveals Australians now believe they need over A$1 million to retire comfortably, driven by inflation...
Economy
Inflation Gauge Hits 3-Year High, Consumer Confidence Declines
A key inflation gauge accelerated in April to a three-year high of 3.8%, squeezing American finances as consumer confidence slides and mortgage...
Stocks
Wall Street Rises on Easing Middle East Tensions, Softer Inflation, Strong Earnings
Wall Street closed higher this week, buoyed by easing Middle East tensions following President Trump's announcement, softer inflation data, and robust corporate...
Finance
US Mortgage Rate Climbs to 6.53%, Highest in Nine Months
The average long-term U.S. mortgage rate rose to 6.53% this week, its highest in nine months, posing a setback for prospective homebuyers.
Markets
Gold Falls Under $4500 Amid Rate Hike Fears
Gold prices dropped below the $4500 mark on Wednesday, extending previous losses as investors weighed inflation concerns and potential interest rate hikes.
Finance
BOJ Faces Call for Outsized Rate Hike Not Seen Since 1990
Mizuho Financial Group CEO Masahiro Kihara has suggested the Bank of Japan consider an outsized interest-rate increase to combat inflation, a move...